NOMASTUC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NOMASTUC
Largest movements
- Tangible fixed assets +€239,778
up €239,778 (+481.4%), from €49,805 to €289,582
of which Land and buildings: +€256,444
- Receivables within one year -€16,687
down €16,687 (-60.8%), from €27,426 to €10,738
of which Trade receivables: -€16,014
- Debts after one year +€195,909
up €195,909 (+1294.8%), from €15,130 to €211,039
- Other debts -€37,410
down €37,410 (-100.0%), from €37,410 to €0
- Trade debts +€24,976
up €24,976 (+2635.3%), from €948 to €25,923
- Reserves +€19,802
up €19,802 (+23.3%), from €84,877 to €104,679
- Current portion of long-term debt +€11,903
up €11,903 (+181.0%), from €6,576 to €18,480
- Depreciation +€36,491
up €36,491 (+196.1%), from €18,609 to €55,100
- Gross operating margin -€33,405
down €33,405 (-13.7%), from €243,067 to €209,662
- Taxes -€16,211
down €16,211 (-68.8%), from €23,554 to €7,343
- Staff costs +€8,126
up €8,126 (+7.5%), from €108,984 to €117,109
- Financial charges +€3,932
up €3,932 (+78.7%), from €4,994 to €8,925
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,102 | €406,855 | +€223,752 | +122.2% |
| Fixed assets | 21/28 | €49,805 | €289,582 | +€239,778 | +481.4% |
| Tangible fixed assets | 22/27 | €49,805 | €289,582 | +€239,778 | +481.4% |
| Land and buildings | 22 | - | €256,444 | +€256,444 | |
| Plant, machinery and equipment | 23 | €13,899 | €10,113 | -€3,787 | -27.2% |
| Furniture and vehicles | 24 | €32,380 | €20,381 | -€11,998 | -37.1% |
| Other tangible fixed assets | 26 | €3,526 | €2,644 | -€881 | -25.0% |
| Current assets | 29/58 | €133,297 | €117,272 | -€16,025 | -12.0% |
| Amounts receivable within one year | 40/41 | €27,426 | €10,738 | -€16,687 | -60.8% |
| Trade receivables | 40 | €24,287 | €8,273 | -€16,014 | -65.9% |
| Other amounts receivable | 41 | €3,139 | €2,465 | -€673 | -21.5% |
| Cash at bank and in hand | 54/58 | €105,872 | €102,772 | -€3,099 | -2.9% |
| Deferred charges and accrued income | 490/1 | - | €3,761 | +€3,761 | |
| Total equity and liabilities | 10/49 | €183,102 | €406,855 | +€223,752 | +122.2% |
| Equity | 10/15 | €88,377 | €108,179 | +€19,802 | +22.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €84,877 | €104,679 | +€19,802 | +23.3% |
| Distributable reserves | 133 | €84,877 | €104,679 | +€19,802 | +23.3% |
| Amounts payable | 17/49 | €94,725 | €298,676 | +€203,951 | +215.3% |
| Amounts payable after more than one year | 17 | €15,130 | €211,039 | +€195,909 | +1294.8% |
| Financial debts | 170/4 | €15,130 | €211,039 | +€195,909 | +1294.8% |
| Amounts payable within one year | 42/48 | €79,532 | €87,637 | +€8,104 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €6,576 | €18,480 | +€11,903 | +181.0% |
| Trade debts | 44 | €948 | €25,923 | +€24,976 | +2635.3% |
| Suppliers | 440/4 | €948 | €25,923 | +€24,976 | +2635.3% |
| Taxes, remuneration and social security | 45 | €34,598 | €43,233 | +€8,635 | +25.0% |
| Taxes | 450/3 | €27,304 | €31,657 | +€4,353 | +15.9% |
| Remuneration and social security | 454/9 | €7,294 | €11,576 | +€4,283 | +58.7% |
| Other amounts payable | 47/48 | €37,410 | €0 | -€37,410 | -100.0% |
| Accrued charges and deferred income | 492/3 | €63 | €0 | -€63 | -100.0% |
| Remuneration, social security and pensions | 62 | €108,984 | €117,109 | +€8,126 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,609 | €55,100 | +€36,491 | +196.1% |
| Other operating charges | 640/8 | €2,081 | €2,337 | +€256 | +12.3% |
| Gross operating margin | 9900 | €243,067 | €209,662 | -€33,405 | -13.7% |
| Operating profit (loss) | 9901 | €113,394 | €35,116 | -€78,278 | -69.0% |
| Financial income | 75/76B | €32 | €954 | +€923 | +2928.1% |
| Recurring financial income | 75 | €32 | €954 | +€923 | +2928.1% |
| Financial charges | 65/66B | €4,994 | €8,925 | +€3,932 | +78.7% |
| Recurring financial charges | 65 | €4,994 | €8,925 | +€3,932 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | €108,432 | €27,145 | -€81,287 | -75.0% |
| Income taxes | 67/77 | €23,554 | €7,343 | -€16,211 | -68.8% |
| Profit (loss) for the period | 9904 | €84,877 | €19,802 | -€65,075 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,877 | €19,802 | -€65,075 | -76.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.